The Road Ahead
This week’s edition highlights how founders can navigate a daunting debt fundraising journey. Andreessen Horowitz provides valuable insights by discussing the importance of preparing for outreach, offering insights into various debt structures and their associated timelines, as well as highlighting key factors to consider. If you're contemplating raising debt for your startup, this article is essential reading. Please reach out to the i80 Group team if you're considering raising debt or have questions!
Market Insights
VC Insights
Have we reached “peak bank”? The $18 trillion question (LinkedIn – Rex Salisbury)
It’s time to raise your debt facility: execution tactics for founders (Andreessen Horowitz)
VC Fundraises
Greylock secures $1B for its 17th fund amid launch of early-stage founders program (TechCrunch)
European venture capital firm Atomico raises $1.1bn to defy tech slowdown (Financial Times)
Alpaca VC unveils two new investment vehicles, including its real estate roots (TechCrunch)
Michigan’s Grand Ventures announces $50M early-stage fund (TechCrunch)
Editorial
Fintech lenders spiral as risky borrowers struggle (The Information)
Notable Capital Raises
Rainforest raises $8.5M to help software companies embed financial services, payments (TechCrunch)
Wagestream acquires Keebo to boost financial services for frontline workers (tech.eu)
Block acquires music financial services startup Hifi (TechCrunch)
Conferences/Events
Our team will be at Money20/20 and ABS East this week. If you’re interested in connecting with our team, please reach out!